Looking for an easy and cost-effective way to get a new bike for your commute? The My Benefits World Cycle to Work scheme, in partnership with E-Bikes Direct, makes it simple for employees to access tax-free bikes while promoting a healthier and more sustainable way to travel. With a hassle-free process and great savings, you can be on your way to a greener commute in no time.
Why Choose the My Benefits World Cycle to Work Scheme with E-Bikes Direct?
The My Benefits World Cycle to Work scheme provides an excellent opportunity for employees to purchase a new bike, including electric bikes, through their employer. By using salary sacrifice, you’ll spread the cost of the bike while saving on both tax and National Insurance contributions. With E-Bikes Direct, you’ll have access to a wide selection of high-quality bikes and cycling gear, making it a win-win for both your wallet and the environment!
Key Benefits of the My Benefits World Cycle to Work Scheme with E-Bikes Direct
- Save on Tax and National Insurance: By paying for your bike through salary sacrifice, you can save up to 42% on the total cost, thanks to reduced income tax and National Insurance deductions.
- Hassle-Free Process: My Benefits World offers a smooth, straightforward process for accessing your new bike. Together with E-Bikes Direct, we ensure everything works seamlessly with your employer.
- Wide Range of Bikes and Accessories: Choose from a variety of bikes at E-Bikes Direct, including electric bikes, road bikes, and hybrid bikes. You can also add essential accessories like helmets, locks, and lights to complete your cycling setup.
- Promote Health and Sustainability: Cycling to work is a great way to improve your health while reducing your carbon footprint. My Benefits World and E-Bikes Direct support greener commuting by making it affordable and accessible for everyone.
- Flexible Payment Options: Spread the cost of your new bike over manageable monthly payments deducted directly from your gross salary, so you can budget easily while saving on taxes.
How the My Benefits World Cycle to Work Scheme Works with E-Bikes Direct
Getting started with the My Benefits World Cycle to Work scheme is quick and easy:
- Choose Your Bike: Explore the wide selection of bikes available at E-Bikes Direct, including traditional and electric models. Find the one that suits your commuting needs, and don’t forget to add accessories like helmets and locks!
- Request a Personalised Quote: Once you’ve chosen your bike and accessories, contact us for a personalised quote. We’ll provide you with all the information you need to submit to your employer.
- Employer Approval: Your employer will review and approve the purchase, then issue a secure voucher or Letter of Collection (LOC) via My Benefits World, confirming your eligibility for the scheme.
- Redeem Your Voucher: Use your voucher to complete your purchase at E-Bikes Direct—either online or in-store. We’ll arrange delivery or in-store pickup at your convenience.
- Repay Over Time: The cost of your bike is deducted from your gross salary each month, allowing you to save on tax and National Insurance while spreading the payments over time.
Why Choose an Electric Bike from E-Bikes Direct?
Electric bikes are ideal for those with longer commutes or anyone looking to make cycling easier and more enjoyable. With My Benefits World and E-Bikes Direct, you can invest in an electric bike at a reduced cost, making your commute faster, more efficient, and less strenuous. Enjoy the benefits of motorised assistance while saving money and contributing to a greener commute!
FAQs About the My Benefits World Cycle to Work Scheme
Who is eligible for the My Benefits World Cycle to Work scheme?
The scheme is available to employees who pay tax via PAYE (Pay As You Earn). Unfortunately, it is not available to self-employed individuals.
Is there a spending limit on the scheme?
The spending limit depends on your employer’s agreement with My Benefits World, but many employers allow flexibility, particularly for higher-value electric bikes.
Can I include accessories in my Cycle to Work package?
Yes, you can add essential cycling accessories such as helmets, locks, lights, and panniers to your package, ensuring you’re fully equipped for your commute.
What happens at the end of the hire period?
At the end of the hire period, you have the option to buy the bike outright by making a Fair Market Value payment, return the bike, or extend the hire period.
Please note: Government Cycle to work vouchers cannot always be processed at discounted prices as shown on the site, so in certain circumstances, there may be a small percentage upcharge on sale prices. If you would like further clarity on pricing relating to a specific scheme then please give us a call on 01580 830959 or email us
Start Saving with My Benefits World and E-Bikes Direct Today!
Ready to take the next step towards a greener, healthier commute? The My Benefits World Cycle to Work scheme, in partnership with E-Bikes Direct, makes it easy to get the bike you need while saving money through tax breaks and salary sacrifice. Whether you’re looking for a traditional bike or an electric model, this scheme provides a hassle-free way to start cycling to work.
Contact us today for a personalised quote or explore our range of Electric Bikes to find the perfect bike for your commute. Start your cycling journey today!